Raghu Nandan Maru of Shivam Cement Elected as Chairman of Nepal Cement Manufacturers' Association
Raghu Nandan Maru, the Managing Director of Shivam Cement, has been unanimously elected as the chairman of the Nepal Cement Manufacturers' Association following an election held on Friday. The association's 20th ...
KATHMANDU: The Nepal Stock Exchange witnessed a double-digit growth of 23.39 points on Wednesday. The NEPSE index increased by 23.39 points to 1845.01 points. The day witnessed the transaction of 857.6 million rupees from 2,577,210 shares. Shivam Cement had the highest number of shares transactions. It saw share transactions worth Rs 54.4 million. Atmanirbhar Microfinance […]
KATHMANDU, April 13: Chairman Dr Surendra Kumar Goyal of Shivam Cement has been elected as an executive board member of the Management Association of Nepal (MAN).
KATHMANDU, April 13: Chairman Dr Surendra Kumar Goyal of Shivam Cement has been elected as an executive board member of the Management Association of Nepal (MAN).
BAGMATI, August 29: Shivam Cement Limited has yet to pay electricity tariff worth Rs 2.3 billion, said the Nepal Electricity Authority.
The company has not paid power tariff for the past five years, said the NEA distribution centre, Hetauda. The company headquarters is based in Hetauda Sub Metropolitan City-16 in Makawanpur district.
The Supreme Court had, two years ago, ordered the company to clear the arrears.
Despite correspondence to the company time and again, the arrears have yet to be cleared, said Shashi Bhushan Sah, chief of the NEA Bagmati Province Division Office, Hetauda, adding that the NEA central office has been reported about the matter.
Although the NEA has threatened to cut off power to the company, electricity supply to the industry has not been discontinued yet.
